PM pledges flood action
David Cameron will personally intervene in negotiations with the insurance industry over homes at high risk of flooding.
The Association of British Insurers said talks were at “crisis point” yesterday, after the Government refused to offer a temporary overdraft for an industry-funded pot to pay out on high-risk homes.
But as he visited flood-hit communities in Devon, the Prime Minister said the Government was right to take a "tough approach" to the industry.
“I’m sure we will do a deal – we’re in negotiations at the moment. We need to take a tough approach frankly – it’s important that insurance companies, you know, do what they’re meant to, which is provide insurance to households. And we’re going to make sure that happens.”
Downing Street has also defended the Government's spending on flood defences, saying it has gone up in recent years.
Earlier today, Downing Street insisted the Government had taken the neccessary steps to deal with flooding. Asked if Mr Cameron was concerned about poor flood defences, the Prime Minister’s Official spokesman said: "What we have seen in recent days is an exceptional amount of rain falling mainly on often waterlogged grounds, and therefore floods happening in some cases very quickly.
"Actually a lot has been done to improve flood defences since 2007... and we are investing considerable amounts in the next few years to ensure that home are protected properly."
In 2007, David Cameron faced heavy criticism for being on an overseas trip to Rwanda when his constituency was hit by heavy flooding. The spokesman said he was not aware of the 2007 issue.